July 2026

FirstHoldCo Delivers N1.93 Trillion Gross Earnings and N653.5 Billion PBT in H1 2026 FirstHoldCo Plc has reported another outstanding financial performance for the half year ended June 30, 2026. Most notably, profit before tax rose by 83.5% to N653.5 billion,... Read More →

143 firms battle for 50 oil blocks today The Nigerian Upstream Petroleum Regulatory Commission will open the decisive commercial phase of the 2025 oil and gas licensing round on Tuesday (today), with 143 companies set to compete for 50 blocks... Read More →

CSCS pays first mid-year dividend of N1 per share The Board of Directors of Central Securities Clearing System Plc has approved a historic interim dividend of N1 per ordinary share for the six months ended 30 June 2026, marking the... Read More →

FG securities deliver positive real returns to investors Nigeria’s fixed-income market is offering investors something that has been scarce in recent years – real returns that outpace the inflation rate. When investment returns beat the inflation rate, investors gain, as... Read More →

Investors gain N1.755tn as NGX extends bullish run The Nigerian equities market opened the trading week on a strong footing, extending its bullish momentum as overall market capitalisation advanced by N1.755tn, reflecting sustained investor confidence and continued buying interest in... Read More →

How Monetary Discipline is Rebuilding Confidence in the Economy of Nigeria Nume Ekeghe writes that for years Nigeria’s monetary story was defined by uncertainty. However, stronger reserves, a more transparent foreign exchange market and renewed investor confidence are changing the... Read More →

Treasury Bills Dominate Fixed Income Market as Investors Execute N5.32tn Trades Trading activities in Nigeria’s fixed income market remained robust last week ended July 17, 2026, with investors executing transactions worth over N5.32 trillion across Treasury Bills, Open Market Operation... Read More →

Analyst forecasts MPC to hold rate at 26.50% The Monetary Policy Committee of the Central Bank of Nigeria is expected to maintain its current monetary policy stance at the upcoming meeting of central bankers due to a volatile and hostile... Read More →

New CBN capital rules may trigger N972bn equity scramble – Report Nigerian banks’ holding companies may be required to raise a combined N971.764bn in fresh equity if the Central Bank of Nigeria implements its proposed capital framework in its current... Read More →

NRS sets July 31 e-invoicing deadline for large firms The Nigeria Revenue Service has directed all large taxpayers to fully adopt the national e-invoicing and Electronic Fiscal System on or before July 31, warning that companies that fail to comply... Read More →